Quote:
Originally Posted by GatorB
Um GM isn't going under. They filed Chapter 11 not 7. LEARN. They'll be out of bankruptcy in 60-90 days like Chrysler. In the end this is no big deal. Remember after 9-11 when all the airlines went bankrupt? Can you still fly? yep.
|
While GM won't disappear the ripple effect will reach far and wide. I just heard his speech on TV and don't have exact numbers but I think they said they will close something like 14 US plants and close 2,400 dealerships and so on. That effects a lot of people.